MILAN, Oct 31 (Reuters) - Struggling Italian industrial group Fiat said on Thursday it had started procedures to ask for "crisis status" at its loss-making car unit and related subsidiaries, a key step in its plan to shed jobs. Fiat wants to cut another 8,100 jobs as part of a cost-cutting plan but would need a government-approved crisis status to make use of a one-year temporary layoff programme at Fiat Auto, robotics unit Comau and components maker Magneti Marelli.
Premium Content (PAID Subscription Required)
"Fiat says asking for crisis status at car unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642